LMR – September 2015

As we discussed the tumultuous drops in the stock market, R. Nelson Nash—founder of the Infinite Banking Concept (IBC) and author of Becoming Your Own Banker—remarked that the shocked Americans hadn’t really “lost” any of their retirement savings, because the market values of these assets had been fictitious.

BankNotes – September 2015

To put this story into context we will need to go back in time to the Spring of 1957. That was when I was introduced to the Austrian School of economic thought through The Foundation for Economic Education (FEE). The book Economics In One Lesson by Henry Hazlitt is where my journey began.